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5 Challenges to a Career in Real Estate


Are you considering a career in real estate? Well, hold your horses! Before you dive in, there are a few challenges you should know about. And if you think being a real estate agent is all about negotiations and appearances, you're in for a surprise. Here are the top 5 challenges you'll face when starting a career in real estate.

Challenge #1: Money Matters

Did you know that 85% of agents run out of money in their first year? Yikes! That's because they didn't properly evaluate their finances before jumping into real estate. Make sure you have enough savings to cover your living expenses while your business gets off the ground. And don't forget to set aside some cash for marketing, MLS strategies, and ongoing education.

Challenge #2: Building a Business

When you become a real estate agent, you're essentially starting your own business. This means you have the potential to earn big bucks and create a schedule that suits your needs. But here's the catch: building a successful business...

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Essentially Starting your Own Business

How Much Does the Average Real Estate Salesperson Make in New York State?

According to careerexplorer.com, the average salary for a real estate agent in New York State is around $116,460 per year.  Obtaining your real estate license is quite quick and easy.  However, having a real estate license does not guarantee a high income.  Most importantly, as a salesperson, you are starting your Own business. Whether you make above or below the average salary will be entirely up to you.

Earning Potential is Directly Proportional to Dedication

Are you tired of the 9-5 grind and want the freedom to make your own schedule? Starting your own business, specifically in real estate, could be the answer you're looking for. Unlike traditional office jobs, real estate allows you to work on-the-go and with the flexibility to fit your own lifestyle.

But be warned, real estate isn't a guarantee for a set salary or hourly wage. Instead, your earnings are a direct reflection...

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Opportunity is Everywhere All the Time

It's natural to feel discouraged when searching for new job opportunities in today's uncertain market. However, it's important to remember that opportunities abound for those who are willing to seek them out. Don't give up - there are countless chances waiting for you to take advantage of every day, even if it seems like there's nothing out there for you.

Opportunity is Everywhere

Embracing opportunities is key to success. When you have a "get-it-done" attitude, you'll be more likely to succeed even when faced with failure. Seize the small moments and decisions, as they can lead to growth and build resilience. Hesitation won't yield the same rewards as moving forward with confidence.
In the smallest and most innocuous things in life, opportunity awaits.  If you can’t find it, create it.

Recognize Opportunity All the Time

Secondly, to strengthen your ability to recognize opportunity, consider these suggestions:

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